Paytm Shares Slip Despite Strong Q3 Results: One 97 Communication Revenue Up 20%, Net Profit Jumps to Rs 225Cr

Shares of Paytm, operated by One 97 Communications Ltd, fell more than 4% on Thursday, even as the company reported its third straight quarterly profit. The stock touched Rs 1,138.30 on the National Stock Exchange during trading, highlighting stock-specific profit booking despite strong financial metrics.

Paytm Share Price Today After One 97 Communications Reports Q3 Results 2026

Shares of One 97 Communications Ltd slipped 3.88% on Thursday, 30 January 2026, trading at Rs 1,122.80 by 1:12 pm. The Paytm stock declined by Rs 45.30 during the session, reflecting some profit booking after recent gains.

Paytm shares opened at Rs 1,164.90 and touched an intraday high of Rs 1,164.90, while the low for the day was Rs 1,115.60, showing notable intraday volatility. Over the past 52 weeks, the stock has recorded a high of Rs 1,381.80 and a low of Rs 651.50.

Paytm Q3 Results: One 97 Communication's Revenue Up 20%, Net Profit Jumps from Rs 21 Crore to Rs 225 Crore

In the third quarter of fiscal 2026, Paytm posted a net profit of Rs 225 crore, a significant jump from Rs 21 crore in the previous quarter. Operating revenue rose 20% year-on-year to Rs 2,194 crore, supported by higher payment volumes and growth in the company's financial services business.

EBITDA for the quarter improved to Rs 156 crore, up 10.6% quarter-on-quarter from Rs 141 crore, with margins expanding to 7.1% from 6.8%, reflecting tighter cost control and stronger operating leverage. The company also benefited from incentives under the Reserve Bank of India's Payments Infrastructure Development Fund scheme, which is applicable until December 2025, aiding merchant acquisition and digital payments adoption.

Business Growth Drivers

Paytm's Gross Merchandise Value (GMV) rose 24% year-on-year to Rs 6.2 lakh crore, showing traction in both consumer and merchant payments. Merchant subscriptions reached 1.44 crore, with 27 lakh devices added over the year, strengthening recurring revenue streams. Contribution profit rose 30% year-on-year to Rs 1,249 crore, with a contribution margin of 57%, supported by improved payment processing margins and higher financial services revenue.